Tag: currency

Currency intervention in Hong Kong: less than a year and a half

Managing money
Treatment of Hong Kong said today
infusion of the Hong Kong dollar,
the first time in the last year and a half.
infusion Amount – $ 2,099
billion, and it happened one day on June 24 –
July 1.

Against the background
that corporations need to Hong Kong
the dollar, the market demand for it has grown,
and the rate has risen to the intervention threshold
($ 1 – 7.75
Hong Kong dollars).

Next posts

SignalFinder MA

SignalFinderMA – multi-indicator, which displays on the same graph the information about the direction of the trend on several currency pairs and timeframes. the trend calculation is based on the indicator Moving Average.

Main characteristics:

Mounted on a single graph.

Definition of a trend going on the last closed bar.

Intuitive and simple interface.

Input parameters:

Symbols – currency pairs.

TimeFrames – time periods (time frames).

MA Period – period moving average.

MA Shift – shift of the moving average.

MA Method – a method of smoothing moving average.

MA Applied Price – the price for the moving average calculation.

List of currency pairs and time frames specified, separated by commas.

If the currency pair or timeframe does not exist or is entered in error, the table they will be marked in magenta.

Next posts

Trading and Poker: find ten differences

Between those who make money in the Forex market and those who spend their working days at the poker tables online, at closer inspection it turns out to be quite a lot in common. Analytical skills, intuition, the ability to control himself and to measure statistical parameters – and he and the other set of qualities required for the player of forex, and professional poker player. Of course, there are differences. For example, the game of poker is allowed only "hand": Is strictly forbidden to play robots. But automated trading – a very common tool for trading in Forex, because to write or order under its strategytrading robot means to rid themselves of a variety of problems, including psychological.

So what is it that like forex and poker?

The correlation between playing poker and trade currency pairs – is quite logical. Forex trading involves high risk and does require special training. Other success factors – knowledge, experience and emotional control – all this is very similar to a “Go Bag” poker player.

Rules of the game

In poker, we
choose between certain games:
whether it is Texas Hold’em, Omaha
or another species. In trade
Forex we choose between currency
pairs. All of the major pairs are tied to
The US dollar, and each has its own style
and individuality, so each
of them have to adapt to
get a psychological advantage.

players

On forex, we
We compete with other traders,
large hedge funds and large
Global banks – they all have
strong capital and experience. In this way,
we must carefully choose their
position and play the most carefully.
There are a trading psychology recognized
patterns of behavior, and all of them should be studied,
to try to anticipate the other steps
traders. Exactly the same thing, but
more pronounced – in poker. Our
task – to figure out what a person is going
do.

Platform

Currency market
– the largest and most liquid in the world:
It draws on a daily basis for more than 4
trillions of dollars. There is no such
major players, someone one could "break open" market, but global events
can influence the market and change the position
in the expected direction. In poker, a lot
more important factor banal luck –
We got exactly the card that
gets, and we operate only by them.
However, and in Forex success it is very necessary,
and you catch it by the tail, if you read
all about money management principles
tools and be able to calculate statistics
the likelihood of its success. As in
poker, you are bound to be losses,
but sooner or later they will become
less.

Constant
practice

As is the case with
online poker, you have to deal withtrading bounds successively
and constantly, always in accordance with its
pre-developed trading plan.
First you have to learn all the procedures
and understand all the basic stuff, doing
playing the demo version. Similarly, in
Poker: first comes online game
virtual money, and only when you
You feel that they are ready to “come in large
world “, throws you into your account money
real.

Most
Forex brokers offer system
free demo version where you can
get acquainted with the market, choose your
currency pairs – in other words, to grow roots.

Analyze
this

Technical
Analysis in Forex will be your main
tool, which with the help of graphs
will assess whether the right to
direction you are moving, or missing
their currencies. Many believe that the movement
market is fully subject to chance,
but traders rely on technical
analysis to understand the boundaries when it
comes to choosing the entry and exit points
On the market.

In addition, markets
and provide data for fundamental
analysis, according to which merchants
We must interpret the data and make
decisions about where moves
market.

analytical
skills, the ability to quickly assess
probability and intuitive repeat
successful strategy – you do not find that the
it all too similar to online poker?

emotional
stability

Currency trading
– only the business process that
It should be deprived of absolutely all
emotions. We must follow their gradual
I plan to block all their movements
aside logical process undermining
decision-making and, in general, think only
the coldest in the world head. Not
Is it true poker players gentlemen, it sounds
very familiar?

high income
– high risk

Do not enter
misconception in forex trading have
risk. Among the newcomers are very high
the failure rate because they
impatient or lack
experience in order to survive – let alone
more – to flourish. Exactly so
same is the case with poker players.

successful trading
– it’s not about passion and not about luck (equal
as well as a successful poker game). It’s about
game about the differences and iron
self-discipline, just as in
poker.

Timeframe for backtesting: any timeframe, it is important to select the best recommended as part of a trading signal quality.

On indicator system of trading signals Trajecta Labs

The indicator system of trading signals from the company Trajecta – this innovative system, nepererisovyvayuschihsya, automatic indicators of trading signals to buy / sell any currency pair and period.

Decision support system in our indicators are based on the same technology that is used in our successful line of trading signals Trajecta Labs, published in MQL5. At the same indicators are used instead of experts. The main difference here is that the indicators do not set the order, and allow the trader to make decisions using the trading signals indicator.

Commercial fully performed by the trader. The advantage of such indicators – it is their very low cost compared with our 100% automatic trading experts and commercial signals for subscription.

All our trading signals are based on “smart” system to determine the best and worst trading periods (intelligent risk analysis).

Indicator allows you to visualize the best point in time for trading using the trend review panel and allows a trader to visual testing strategies on any pair and timeframe.

In addition, it is not necessary to configure anything – tuning indicator is based on data analysis of the most profitable Trajecta Labs sets the parameters for signal algorithms. The indicator will search the signals to buy / sell and inform you about them using the alerts, customizable by the user.

With trade signals represented indicator merchants can determine the best pairs and timeframes and visually evaluate those or other trading signals.

Trajecta VTP – Panel trends survey

This is our first indicator that a trend view pane Trajecta VTP – innovative panel that facilitates decision-making by using the trading signals indicator. The panel laid algorithm for determining best and worst signal periods. The information is provided in real-time using the following notation:

Grey Colour: probably a weak trend (usually at the beginning of the appearance of the signal)

Green color: probably a strong trend (a good time to partially close a position)

Blue colour: probably nearing the end of a strong trend

Red color: probably a bad sign (be prepared to stop the trade)

Trajecta VIB – Visual Testing indicator

Exerting a lot of effort to create the possibility to visualize the testing of trading signals indicator, we have developed a visual testing technology indicators – Trajecta VIB.

Our innovative system will allow for multiple testing on any pair and time frame with a single click.

To do this, you need to maximize the scale of the graph and visually compare the number of bars of green / blue and red bars. The more bars, the green / blue color, the better.

Quality Control Panel

Quality control panel displays information about the last signal and its quality:

version indicator

Strategy

The last signal (BUY or SELL)

Average signal period (the average length of all signals)

Signal quality (signal quality indicators in real-time)

alerts panel

You can activate alerts panel and receive messages when the signal changes of direction.

Step by step instructions on the use of

Select a symbol for trade

Select the period in which the sale will be conducted

Wait to buy or sell signal (be patient when working on periods over M30)

Align the Stop Loss and Take Profit

If the signal quality in the description below the recommended trade signal, return to step 1 and adjust the steam and / or period.

Next posts

What’s going on in the currency market

Today Eurogot a clear driver to increase – for
due to strong business performance
activity in France and Germany. But
the market is in no hurry to buy in large quantities
single currency: German figure was
still lower than last month. And
Eurozone business activity
becomes lower, indicating that
a slowdown of the European economy.
The result of all these events – EUR / USD
It is trading at around 1.3260. Support
– at the levels of 1.3220 and 1.3100. Resistance
– at 1.3330 and 1.3400.

Yen remains
under the iron heel of consolidating
dollar. In addition, the forecast GDP growth
Japan this past day has been lowered more
than doubled. This is further made
yen fall. Today, USD / JPY
It is trading at 103.70. Resistance
It remains at 104.10, support – in the area
102,00.

British pound
It shows a rather agonistic
behavior. On the one hand, retail
sales in the country have shown not the most
good statistics: they rose by only
0.1 m / m, although the predicted 0.4 m / m.
This triggered a wave of sales
“British.” However, growing the economy
rate of increase in the number of working
Places, household incomes are growing that
It allows us to hope for a quick
recovery of the British currency.
GBP / USD remains at
1.6580. Support – at 1.6560, resistance
– at 1.6740.

Next posts

Eurozone: in anticipation of trouble

If Germany, France and Italy did not find a way to lift the European economy afloat, the euro is doomed. Just a few years ago, the leaders of the euro area thought that after the storm finally came clear days. Due to the promises of Mario Draghi, President of the European Central Bank, to “do everything possible” to maintain currency, confidence has returned to the continent. It seemed as growth resumed, albeit at a slow pace. Distressed peripheral countries were restored after the adoption of the rescue and painful measures to reduce the budget deficit and improving the competitiveness of the programs. Unemployment, particularly among young people, remained extremely high, but at least it was reduced in most countries. Spreads on bonds fell sharply against the background of the fact that the financial markets have ceased to believe in the euro disintegration. It was an illusion. In recent years the euro area gave the boat again to flow. In the second quarter of their combined GDP stagnating in Italy again he slipped into a clear recession, French GDP remained unchanged, and even mighty Germany was faced with an unexpectedly strong decline in performance. The figures for the third quarter look anxious, partly because of the growth in the Eurozone will slow down even more because of Western sanctions against Russia. At the same time, inflation dropped to a dangerously low level, up to about 0.4%, well below the target of 2%, the European Central Bank. Because of this, there are fears that the euro area as a whole could become a victim of extensive deflation. The yield on German bonds is less than 1% – another harbinger of falling prices. The euro zone is in stark contrast with the United States and Britain, whose economy has been experiencing steady growth.

The fact that four years ago began as a banking crisis has turned into a crisis of growth, which now covers three major economies. Germany is teetering on the brink of recession. France gripped by stagnation. Italy’s GDP barely exceeds the level achieved at the input of the single currency 15 years ago. Since the share of these three countries account for two-thirds of the GDP of the Eurozone, growth in countries such as Spain and the Netherlands, can not compensate for their lethargy. The root causes of the new Europe of adversity are three very familiar and interrelated problems. The first – the lack of political leaders with courage and determination, which are necessary for the implementation of structural reforms to enhance competitiveness and, ultimately, the resumption of growth: large country lost two years, bought the promise of Mr. Draghi, to do “everything possible”. The second – the public is not sure of the acute need for radical change. And the third problem: despite the efforts of Mr. Draghi, the monetary and fiscal conditions are too stringent and restrict growth, which complicates the implementation of structural reforms.

Economic Reforms

In the euro area are noticeably different manifestations of these problems. But the most acute problems of all three appear in France. Recently, its president, Socialist Fransua Olland was forced to change the composition of the government to remove it from the Arno Monteburga that, despite the post of minister of economy, persistently criticized the current policy. Mr Hollande, who became president in 2012 on a promise of cloudless future, can hardly be called a reformer, like Thatcher. But after March, he appointed Manuel Valls Prime Minister, at least he has implemented the principles of public spending cuts, tax cuts and structural reforms. In theory, a new and more cohesive government might succeed, but public opinion is not ready for this. Mr Hollande is not just unpopular; in contrast to the Italian Prime Minister Matteo Renzi, who led a strong case for tough reforms (still held), the French president was unable to convince voters that the pathological changes, including a reduction in the state budget, are inevitable. Instead, Mr. Monteburg and his team make a tempting offer: if the Eurozone will cancel the existing rules and allow an increase in the budget deficit and government spending, painful reforms will no longer be needed as the economy miraculously yourself get out of a dangerous situation.

Mr. Monteburg rights with respect to the third European problems: excessive austerity, mainly carried out in the continent Germany. At the annual economic meeting in Jackson Hole, Mr. Draghi implicitly admitted that in the euro area held too tight fiscal and monetary policy. He hinted that he was in favor of quantitative easing, and used by America and Britain and called to ensure that fiscal policy is more conducive to stimulate growth – a message that was clearly addressed to German Chancellor Angela Merkel. That’s all it strongly insists on the respect of budgetary discipline in the euro area, just as the German Bundesbank most opposed to quantitative easing.

Angie, you’ve never tried

Despite the general gloom, it should be possible for the negotiations. If Mr. Hollande and Mr. Renzi will be able to show a sincere desire to carry out structural reforms, Ms. Merkel must agree on a less tight fiscal policy (including an increase in public investment in Germany) and a looser monetary policy. Close your eyes and imagine how these three leaders are working with the European Commission on the completion of the single market and the promotion of trade deals with the United States. Unfortunately, in reality, Ms. Merkel is no particular reason to believe France or Italy, when the external pressure exerted on them weakened, they immediately abandoned the commitment to reform. She also promoted Jean-Claude Juncker, to do nothing of the candidate, as president of the European Commission. So, it will be difficult. But without a new push by the European leaders will not resume growth, and deflation is restored. Japan experienced a lost decade in the 1990s., And is still struggling with the consequences. But unlike Japan, Europe is not a single and united country. If monetary union will bring only stagnation, unemployment and deflation, some people in the end will vote for an exit from the Eurozone. Due to the promise of Mr. Draghi set the lower limit of the national debt, backed the market risk related to the fact that financial pressure can cause the collapse. However, the political risk that one or more countries decide to abandon the single currency is constantly increasing. The euro crisis is not over, he was waiting on the horizon.

Next posts

Dashboard Critical Support and Resistance MT5 Demo

The full version is available here.

Panel version is also available for use with a single pair: link.

There is a strong likelihood that the price rollback or breaks important levels of support and / or resistance. This panel will help you keep track of such important areas of support and resistance. Once the price closer to the important support and resistance levels in the area of ​​prevention (range warning zones can be set up), will be sent an alert or notification, and the indicator panel will turn red. Therefore, you do not have all day to sit by the monitor and keep track of schedules.

Dashboard Super Critical Support and Resistance Demo – this is a demo version of the product Dashboard Super Critical Support and Resistance, having full functionality the paid version except for the following

Alerts and notifications are triggered only for the following levels: pivot S1, pivot R1, the daily pivot, opening day.

It uses a fixed value of the warning zone range of 15 pips.

Features

Choice of use to send alerts / notification function.

Adjustable warning range for each type of critical support / resistance levels.

Choice of use of critical support / resistance levels. By default they are all selected.

Adjustable position indicator panel

In order to cover the work necessary to make the following steps.

Important steps in front of a panel

When you first launch the panel may require 3-5 minutes to download stories. When you run it takes a few minutes.

All 28 characters must be available in the symbol box.

The panel looked clear and accurate, it is recommended to use a black pattern. See. Screenshot 3.

Input parameters

Send Alert upon Signal – an alert when a signal

Send Notification upon Signal – to send notification when the signal

Use a support pivot 1

True: the price is included in the alert levels of support pivot area of ​​the cubicle to support the pivot points will be painted in red and will be sent an alert / notification

False: the action will not be executed

The same rule applies to subsequent levels / R

support for Pivot warning zone 1

True: the price is included in the alert levels of support pivot area of ​​the cubicle to support the pivot points will be painted in red and will be sent an alert / notification

Next posts

Currency market. When ruble falls

Ruble still surprises with its
resistance under the weight of negative factors. Brent crude continues
fall. Breaking the mark of $ 49.00. / Bbl. only a matter of time.

Despite the fact that the conflict and the rupture of diplomatic relations
Qatar initially helped Brent rise in connection with the threat of failure in
supplies, a few hours later the price went down again. This is due to the new
wave of fear that the fate of the agreement reached in May, is now under threat.
A further objective will be the level of 48.50 dollars. / Bbl. Continued on site
GK FOREX CLUB